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NSI stock: balance sheet and debt

NSI.AS
$19.28Closing price of 12 Nov 2026MEQIRI Score 48 out of 100

NSI has a debt to equity ratio of 0.56.

Daily figure as of 13 Nov 2026

Debt / Equity
0.56
Interest coverage
−0.3x
Current ratio
0.32
Cash & equivalents
$33.36M
Total assets
$1.15B
Equity ratio
61.7%
Goodwill and intangible assets
$12.19K
not split out
Net debt
$365.85M

Total assets and equity ratio

How large the balance sheet of NSI N.V. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$1.4Bnot reported separatelynot reported separately48.8%$687.05M
2007$1.38B$9.09M$9.09M52.5%$631.59M
2008$1.58B$9.09Mnot split out40.7%$894.02M
2009$1.46B$9.23Mnot split out42.0%$792.92M
2010$1.54B$9.42Mnot split out41.8%$824.93M
2011$2.61B$9.43Mnot split out38.7%$1.47B
2012$2.38B$9.4M$9.09M36.8%$1.36B
2013$2.05B$9.4M$9.09M50.5%$910.7M
2014$1.88B$9.36M$9.09M46.4%$903.64M
2015$1.43B$9.32M$9.09M51.3%$600.96M
2016$1.29B$213.86Knot split out51.8%$567.64M
2017$1.24B$620.54Knot split out60.2%$452.61M
2018$1.35B$565.13Knot split out60.3%$496.33M
2019$1.43B$405.56Knot split out70.0%$392.82M
2020$1.39B$268.16Knot split out67.9%$407.77M
2021$1.52B$148.49Knot split out69.3%$425.15M
2022$1.42B$79.78Knot split out69.3%$406.49M
2023$1.21B$35.46Knot split out65.3%$383.14M
2024$1.17B$32.13Knot split out63.9%$377.02M
2025$1.15B$12.19Knot split out61.7%$365.85M

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$0$682.88M$687.05M1.01
2007$0$724.04M$631.59M0.87
2008$1.11K$645.11M$894.02M1.39
2009$4.43K$614.8M$792.92M1.29
2010$16.31M$644.5M$841.24M1.31
2011$4.87M$865.67M$1.48B1.47
2012$7.76M$738.94M$1.37B1.56
2013$14.63M$887.76M$925.33M0.9
2014$11.34M$701.16M$914.98M1.05
2015$24.72M$732.17M$625.68M0.85
2016$2.29M$669.57M$569.93M0.85
2017$7.56M$745.41M$460.17M0.62
2018$271.48K$812.55M$496.6M0.61
2019$1.59M$1B$394.41M0.39
2020$171.76K$946.8M$407.95M0.43
2021$8.56M$1.05B$433.72M0.41
2022$217.19K$982.89M$406.71M0.41
2023$223.84K$786.62M$383.36M0.49
2024$9.36M$745.02M$386.39M0.52
2025$33.36M$709.99M$399.21M0.56

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 18 Jul 2025)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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